Posted in Top News

Stanbic, Sumitomo Mitsui, IBC Selected As Financial Advisors For East Africa Crude Oil Pipeline

Standard Bank Uganda alongside Japan’s Sumitomo Mitsui Banking Corp. will be tasked with raising $3.55 billion required for the Hoima…

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Uganda, Tanzania sign MoU to Hasten Oil Pipeline Project

The Joint Pipeline Development Committee (JPDC) and project steering committee consisting of energy officials from Uganda and Tanzania have agreed…

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Tullow Oil to Recommence Appraisal Drilling in Kenya’s South Lokichar Basin in Q4 2016

Tullow Oil has announced that it will be recommence drilling activities in the fourth quarter of 2016 with an initial…

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Detailed Studies of Kenya’s Oil Pipeline Route To start in a few weeks

The process to build a 891 kilometer 28 inch pipeline from Northern Kenya and Kenya’s Lamu port is set to…

Posted in Oil Politics Top News

Tanzania President meets Total VP Javier Rielo over Crude Oil Pipeline

Total VP Javier Rielo has assured Tanzania’s president Dr. John Maghufuli that the construction of the Uganda to Tanga pipeline…

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Tanzania Pipeline Route Not A Done Deal – Kenya

Days after Tanzania and Uganda are said to have agreed on a more southern route that would avoid Kenya’s oil…

Posted in Oil Politics Top News

Confusion in East Africa Over Export Oil Pipeline Route

Months after the Kenyan and Ugandan president reached a deal to have the pipeline go through northern Kenya to the…

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US Government Will Not Help Finance Kenya Pipeline Project

The United States Ambassador to Kenya has clarified that his government will not help finance the construction of an oil…

Posted in Events Top News

LAPSSET Project’s inaugural Global Investment Conference Set for October in Nairobi

The Kenya & East Africa Management Services Company (KEAMSCO), working in partnership with the Kenya National Chamber of Commerce &…

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Kenya, Uganda to commence oil production in mid 2020 – Tullow Oil

Kenya and Uganda could start producing oil three and a half years after project sanction expected by the end of…